Advantage Club Raises $5M for Employee Engagement and Financial Wellness

Advantage Club, an Indian HR Tech startup specializing in employee engagement and financial wellness, has raised nearly $5M in Pre-Series A funding from Y Combinator, Jetty Ventures, Earlsfield Capital, SMC Advisors, Kunal Shah, and others.

Sourabh Deorah, CEO and Co-Founder, said, “The latest influx of funds will help us bolster our presence internationally and help us hire the right talent to manage our operations globally.” On his LinkedIn account, Sourabh shared, “With this capital we are geared to move closer to our vision of a single employee engagement and experience platform across the globe. A big thank you to our customers, team members and investors for being part of the journey.”

Advantage Club is a mobile-first employee reward, recognition, and benefits platform. The AI-powered platform aims at evolving into a single global platform for employee engagement and financial wellness in SEA and MENA markets.

The Gurugram-based startup plans to use this money to expand its operations globally and further invest in AI and machine learning to develop its product offerings.

Announcement: Advantage Club Raises $5M for Employee Engagement and Financial Wellness